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China
HOME >> COUNTRY REPORTS >> China
china map
Official name People's Republic of China
Capital  Beijing
Population  1,353,044,638
Currency  yuan(CNY)
Official language   Standard Chinese or Mandarin
GDP  $3,400

  STRENGTHS
  WEAKNESSES

China's growth has been mainly investment and export-driven, focusing on low-cost manufacturing, with domestic consumption as low as 36% percent of GDP

China is believed to be one country that has largely been able to protect itself from effects of US subprime crisis and credit crunch

Chinese economy is believed to be independent and strong enough

China is one of world's largest receiver of foreign direct investments

China's job market is also quite impressive, offering employment to about 15 million new workers on a yearly basis.

China, have lent support to a view that this South-East Asian country, in near future, will surpass US in terms of economic power.

China's income per head is still low

Corruption at local level governance has been a perennial challenge for this nation

A foreign investment in Chinese property is only possible through a China-domiciled foreign invested real estate company


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